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Cyberinsurance is an exciting subject in the world of insurance. Carriers have policies, commentators have opinions about the carriers' coverage provisions, would-be policyholders especially large corporations have wish lists for the cyber-risks they want covered.
But as I dive more deeply into the subject of cyberinsurance, I am finding only a few of the most important things of all: Cases deciding insurance coverage issues. Cyberinsurance may be the hottest new flavor of insurance. Yet how courts interpret and apply insurance policies can make all the difference for carriers, commentators, policyholders, and coverage counsel.
Until courts declare what the words of an insurance policy mean, they may not mean what you or I might think they mean. Until a court or courts recognize that a given insurance coverage claim is valid, it may not exist.
So, if you have a cyberinsurance coverage case on your hands or in your research bank, I invite you to share it with me. Send me an EMail at [email protected]. Thank you.
In the meantime, I will carry on with my research into cyberinsurance including my continuing search for coverage cases.
Please Read The Disclaimer. ©2015 by Dennis J. Wall, Co-Author of "Catastrophe Claims / Insurance Coverage for Natural and Man-Made Disasters" (Thomson Reuters May, 2015). All Rights Reserved.
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